Hesai (HSAI) Common Equity (2021 - 2026)
Hesai's Common Equity was $1.29 billion in the quarter ended Mar 31, 2026, up 119.5% from $589.41 million a year earlier and up 2.4% from the prior quarter.
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Analysis
Hesai (HSAI) Common Equity (2021 - 2026) Analysis & Trends
As of Dec 31, 2025, Common Equity at Hesai came in at $1.28 billion, up 137.8% from the prior year.
- Common Equity shows a five-year compound annual growth rate of 50.7% (years ended Dec 2020 to Dec 2025).
- In earlier years, Common Equity was $538.65 million in the year ended Dec 31, 2024 (-1.0%), $544 million in the year ended Dec 31, 2023, -$456.01 million in the year ended Dec 31, 2022 and -$386.14 million in the year ended Dec 31, 2021.
- The figure for the quarter ended Mar 31, 2026 marks the highest quarterly Common Equity in data going back to the quarter ended Dec 31, 2021.
- Compared with a year earlier, Common Equity has increased for six straight quarters, with growth averaging 50.7% over the last eight quarters.
- The best year-over-year quarter for Common Equity over five years was the quarter ended Sep 30, 2025 (growth of 134.1%); the worst was the quarter ended Mar 31, 2024 (a decline of 10.8%).
- Per Business Quant data, HSAI's Common Equity in the three quarters before the quarter ended Mar 31, 2026 was $1.26 billion (quarter ended Dec 31, 2025), $1.24 billion (quarter ended Sep 30, 2025) and $607.97 million (quarter ended Jun 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn | 107.52 Bn |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn | 50.29 Bn |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn | -1.43 Bn |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn | 14.80 Bn |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn | 15.74 Bn |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn | 2.17 Bn |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn | 8.86 Bn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 52.51 Bn |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn | 4.64 Bn |
| 10 | Hesai | 2.49 Bn | -1.01 Bn | 50.88 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 1.29 Bn |
| Dec 31, 2025 | 1.26 Bn |
| Sep 30, 2025 | 1.24 Bn |
| Jun 30, 2025 | 607.97 Mn |
| Mar 31, 2025 | 589.41 Mn |
| Dec 31, 2024 | 547.36 Mn |
| Sep 30, 2024 | 530.47 Mn |
| Jun 30, 2024 | 519.14 Mn |
| Mar 31, 2024 | 526.30 Mn |
| Dec 31, 2023 | 536.43 Mn |
| Sep 30, 2023 | 542.41 Mn |
| Jun 30, 2023 | 560.23 Mn |
| Mar 31, 2023 | 590.19 Mn |
| Dec 31, 2022 | -442.22 Mn |
| Dec 31, 2021 | -389.56 Mn |
API Access
Hesai Common Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=common-equity&ticker=HSAI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "ticker": "HSAI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=common-equity&ticker=HSAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();